For sale
  • $950,000

    2001 N 61st Ave, Pensacola, FL 32506

    12beds
    5,926sqft
    : 
    MultiFamily
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $160/sqft
    $-- HOA

    What's special

    This fully functioning 6-unit income property presents a rare, high-yield investment opportunity with strong existing cash flow and proven performance. Currently operating within a successful short-term rental program, the property delivers consistent bookings and requires no upfront improvements—making it a seamless, turnkey acquisition. Positioned on an expansive parcel, the site includes: Single-Family Unit F: 1,590 sq ft, 3/2 Single-Family Unit E: 1,136 sq ft, 3/1 Duplex Units A & B: 1,000 sq ft each, 2/1 Duplex Units C & D: 600 sq ft each, 1/1 Each unit rents exceptionally well on its own, yet the true financial upside lies in the property’s unique ability to host up to 35 guests, outperforming typical STR setups in the area. This scale positions the property for lucrative full-site bookings, weddings, retreats, corporate stays, family gatherings, and group travel—segments that consistently command premium nightly rates and longer stays. Outdoor spaces can be shared or marketed as group-friendly amenities, and with targeted upgrades or strategic branding, the entire site could be elevated into a high-demand boutique rental compound. Projected annual earnings exceed over $200,000, with substantial opportunity to drive revenue even higher through increased marketing, expanding to additional Online Travel Agencies (OTAs), and expanded event-based bookings. All units have been meticulously maintained, allowing investors to step into immediate profitability. Whether you are looking to strengthen your passive-income portfolio or scale into a high-performing hospitality venture, this property offers exceptional current income with significant long-term appreciation potential. See agent for additional financials and documentation.
    13 days
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    326
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